'I wasn't bribed' - Colleen Makhubele claims Joburg coalition in tatters

Loading player...
Joburg councillor Colleen Makhubele says no one bribed her to vote against her coalition partners in the city's multi-party government. She says she's done it before and would do it again. In an expansive interview with BizNews, Makhubele - who ran as COPE's mayoral candidate for the city in 2021 - explains the rationale behind her decision to vote with a PAC-sponsored motion to remove the DA-aligned speaker of council, Vasco da Gama. This despite COPE forming part of the nine-party coalition that has led the city since the 2021 local government elections with a combined total of 140 out of 270 seats in council. Some councillors from COPE, IFP and the ACDP - all of whom form part of the coalition - voted in favour of the motion. Learn more about your ad choices. Visit megaphone.fm/adchoices
14 Sep 2022 9AM English South Africa Investing · Business News

Other recent episodes

The BizNews Edge: African Bank's Billion-Rand Acquisition Trap

African Bank swung to a loss of nearly a billion rand after a four-year spree of buying and bolting together three banks to build a full-service lender, and the bad debt charge is still climbing. The contrast is brutal: a focused platinum-and-chrome miner, Tharisa, is printing cash with profit up…
25 Jun 7AM 9 min

The BizNews Edge: Nedbank, Grindrod and the coal stock no one was watching

Nedbank confirmed its guidance this morning, and its East Africa deal is weeks from closing - a transformation most investors are still underpricing. Grindrod's Port of Maputo posted extraordinary volumes, but the share may already be priced for perfection. A small coal miner no one follows just disclosed an 1,800%…
24 Jun 8AM 26 min